Z: The ten week moving average of equity only put call less the QQQs is .39. The 21 dma is now .44. Here is a chart (first one) of the recent equity only 21 dma pc (including qqqs): <A HREF="http://www.vtoreport.com/sentiment/putcall.htm" target="_new">http://www.vtoreport.com/sentiment/putcall.htm</A>